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Coca-Cola spends $650M to expand Fairlife production
Coca-Cola is investing up to $650 million to expand its Fairlife production facility in Michigan, adding 245,000 square feet and 150 jobs to meet the growing consumer demand for the dairy brand’s ultra-filtered milk and protein shakes. Fairlife, acquired by Coca-Cola in 2020, has seen significant growth, surpassing $1 billion in sales four years ago. This Michigan expansion, which includes two new production lines operational by 2028, is part of Coca-Cola’s broader strategy to increase Fairlife’s production capacity by 30% over the next three to five years, complementing another $650 million facility planned for upstate New York.